Schedule of Cash Collections on Accounts Receivable and Cash Budget Bennett Inc. found that about 45% of its sales during the month were for cash. Bennett has the following accounts receivable payment experience: Percent paid in the month of sale Percent paid in the month after the sale 25 68 Percent paid in the second month after the sale 5 Bennett's anticipated sales for the next few months are as follows: April May June July August Required: $250,000 290,000 280,000 295,000 300,000 1. Calculate credit sales for May. Calculate credit sales for June. Calculate credit sales for July. Calculate credit sales for August.